Frisco Voters to Decide on $160M Funding for New Center for the Arts

Frisco

April 26, 2025 Maverick Tax Guardians

Frisco voters are set to decide on two significant ballot measures on May 3, 2025, concerning the proposed Frisco Center for the Arts—a project estimated to cost between $300 million and $340 million. The city seeks approval to issue up to $160 million in bonds, which would partially fund the development of this expansive performing arts facility.

The envisioned center aims to enhance Frisco’s cultural landscape by featuring a 2,800-seat performance hall capable of hosting Broadway shows and major touring acts. Additionally, a 300- to 400-seat community hall is planned, primarily for use by Prosper Independent School District (PISD) students, while also serving local organizations and events. The facility will include support spaces, rehearsal areas, and visual arts creative spaces.

Importantly, city officials have clarified that the approval of these propositions will not lead to an increase in property tax rates. The first proposition seeks authorization for the Economic Development Corporation to allocate sales and use tax revenues toward the project. The second proposition involves the city’s issuance of bonds to fund the arts center. It’s worth noting that passing these measures would not equate to final approval of the project itself; a subsequent City Council vote will determine the project’s future.

In terms of partnerships, PISD has expressed strong support, having signed a letter of intent in October 2024 to contribute $100 million from its previously approved arts facility bond. Furthermore, the city has engaged Frisco Live, a nonprofit organization affiliated with The John Gore Organization, to operate the center. This collaboration could bring a “Broadway Frisco” program to the city, similar to existing programs in Dallas.

While these developments mark significant progress, additional funding—potentially from private and corporate donors—will be necessary to fully realize the project. Community groups like Smart Frisco have emerged to advocate for the center, emphasizing its potential to enrich the city’s cultural offerings and provide valuable opportunities for students.

Early voting is currently underway and will continue through April 29. Residents are encouraged to participate in this pivotal decision that could shape Frisco’s cultural and educational landscape for years to come.

Source
This news article is based on information from:
Community Impart-“Frisco voters to consider $160M for arts facility” ( April 23, 2025). Retrieved from:https://communityimpact.com/dallas-fort-worth/frisco/election/2025/04/23/frisco-voters-to-consider-160m-for-arts-facility/